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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Gold is trading higher in four weeks as demand for safe haven increases

    Rocky
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    Gold is trading higher in four weeks as demand for safe haven increases Empty Gold is trading higher in four weeks as demand for safe haven increases

    Post by Rocky Mon Mar 26, 2018 3:25 am

    Gold is trading higher in four weeks as demand for safe haven increases






    2018/03/26 10:16


    (Encyclopedia of this day , news | News Iraq ) -
    Economy News _ Baghdad


    Gold prices rose on Monday, trading at a four-week high as demand for safe haven in the financial markets continued as stocks fell due to fears of a global trade war.

    The US dollar fell against the majors and traded at a one-month low, prompting gold to recover, especially as Asian and global equities plummeted and the Japanese yen gained a safe haven in the markets.

    US Treasury Secretary Donald H. Trump said that US President Donald Trump was not worried about the commercial war, but he was not seeking it. He said the US administration was on track to raise tariffs as it had previously indicated.

    The United States has indicated that it will raise tariffs on Chinese imports worth $ 60 billion, prompting China to announce that it will raise the price of imports of 128 US goods, causing more market tensions to increase demand for gold.

    Gold prices traded at $ 1348.06 per ounce after hitting a low of $ 1345.64 an ounce and opened today's session at $ 1347.09 per ounce, reaching a high of $ 1350.86 an ounce.









    Note: The content titled (gold is trading at the top in four weeks as the demand for safe haven increases) was first published on Al-Iktissar News and the encyclopedia of this news day is not guaranteed in any way. 
    You can see the details of this title (gold is trading at the top in four weeks with increasing demand for safe haven) through its original source any website (economy news).



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